Articles for tag: News

dailybulls

State-Run Firms Plan Bond Sales Following Interest Rate Cut

Several Indian state-owned companies, including REC, IIFCL, HUDCO, and SIDBI, are preparing to raise nearly $2 billion through bond sales early next week. This initiative follows the Reserve Bank of India’s recent interest rate cut, the first in nearly five years, aimed at stimulating the economy. Despite the rate reduction, bond yields have risen as ...

bombay-burmah NSE:BBTC

Bombay Burmah Hits 52-week high with high volume

Shares of Bombay Burmah Trading Corporation (NSE : BBTC) surpassed 52 week high of ₹1830 and market a new all time high at ₹2020 yesterday (24 july). The stock gained more than 17% in intraday yesterday. The breakout was supported with a volume of above 4.1 Million. BBTC has surged by over 54% in the ...